The Office of the Comptroller of the Currency proposed amending its rules to clarify the authority of national trust banks to engage in non-fiduciary activities.

A firm settled FINRA charges for failing to timely close out failed inter-dealer municipal securities transactions and failing to take prompt steps to obtain possession or control of customer securities.

Federal Reserve Vice Chair for Supervision Michelle W. Bowman described the implementation of her "comprehensive approach to pragmatic supervision and regulation" of the U.S. banking system.

The SEC Division of Trading and Markets permitted a swap dealer to clear securities of an affiliated banking entity without customer segregation, subject to a subordination agreement between them.

The SEC Division of Trading and Markets permitted a broker-dealer to use a modified securities count framework for "capital balance funds" that report ownership by dollar value rather than share count.